Nasdaq

Nasdaq, a US-based company in the Financial Intermediation Services sector, reported its latest carbon emissions for 2024. The company generated a total of approximately 87,088,000 kg CO2e. This total comprised 79,000 kg CO2e from Scope 1 emissions, 229,000 kg CO2e from Scope 2 (market-based), and 86,780,000 kg CO2e from Scope 3 emissions. In the prior year, 2023, Nasdaq's total emissions were higher at approximately 107,844,000 kg CO2e.

Nasdaq has set ambitious climate commitments, with its targets validated by the Science Based Targets initiative (SBTi). The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050.

For near-term goals, Nasdaq pledges to reduce absolute Scope 1 and Scope 2 GHG emissions by 100% by 2030, using a 2021 base year (or 2022 base year as per some SBTi records, and 2023 base year as per the latest SBTi records). Additionally, Nasdaq aims to reduce absolute Scope 3 GHG emissions by 50% by 2030, also from a 2021 (or 2022/2023) base year. The company also commits to annually sourcing 100% renewable electricity through to 2030.

For long-term targets, Nasdaq commits to maintaining a minimum of 100% absolute Scope 1 and 2 GHG emissions reductions from 2030 through to 2050 from a 2021 (or 2022/2023) base year. Furthermore, it aims to reduce absolute Scope 3 GHG emissions by 95% by 2050, from a 2021 (or 2022/2023) base year. Nasdaq also commits that 70% of its suppliers by spend, covering purchased goods and services and capital goods, will set science-based targets by 2027 (or 2029 as per the latest SBTi records). All emission and reduction target data is directly from Nasdaq, Inc.